iShares High Yield Bond Factor ETF (BATS:HYDB) Shares Bought by Ameriprise Financial Inc.

Ameriprise Financial Inc. grew its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 129.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 676,319 shares of the company’s stock after buying an additional 381,021 shares during the quarter. Ameriprise Financial Inc. owned about 0.05% of iShares High Yield Bond Factor ETF worth $31,793,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Independent Advisor Alliance acquired a new position in iShares High Yield Bond Factor ETF during the fourth quarter worth $367,000. Raymond James Financial Inc. purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter worth $4,010,000. United Capital Financial Advisors LLC grew its stake in shares of iShares High Yield Bond Factor ETF by 204.7% during the 4th quarter. United Capital Financial Advisors LLC now owns 147,930 shares of the company’s stock worth $6,954,000 after purchasing an additional 99,386 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares High Yield Bond Factor ETF by 115.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 93,620 shares of the company’s stock valued at $4,499,000 after purchasing an additional 50,116 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares High Yield Bond Factor ETF by 1,572.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 329,048 shares of the company’s stock valued at $15,469,000 after purchasing an additional 309,379 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Down 0.4%

Shares of BATS HYDB opened at $46.74 on Wednesday. iShares High Yield Bond Factor ETF has a 52 week low of $44.04 and a 52 week high of $48.10. The firm has a 50-day moving average price of $46.34 and a 200 day moving average price of $47.05.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.234 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares High Yield Bond Factor ETF

The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.